Archive for November 7th, 2007
Booming economy, growing income levels and increased spending trends and lifestyles are all very much visible in India. Needless to say both Domestic and International corporates are very much serious about India. Sectors like the Retail, Telecom and Media & Entertainment will be the first picks considering they are more close to the public compared to others.
Latest news from a business television channel, according to its sources, is that Walt Disney is looking for increasing its presence in India. Walt Disney already has a stake of about 14% in UTV, a well known media house in India and increasing this stake would be logically an easy step. Walt Disney already has bough Hungama TV from UTV sometime back.
With this news, the Indian Media section is all set to get an additional attention.
November 7th, 2007
The Bombay Stock Exchange Ltd. announced the launch of BSE Realty Index on July 9, 2007 to mark its 133rd Foundation Day.
The ‘BSE Realty Index’ on November 7, 2007 opened at 10551.22 and touched an intra-day high of 10559.66 to close the day at 10291.09, down by 109.99 points, 1.06% from its previous close of 10401.08. It touched an intra-day low of 10261.09.
Kalyan S. Bose
Head – Corporate Affairs
November 7th, 2007
Value of deals reported on ICDM on 7th November , 07 , through ICDM System is = Rs. 93.72 Crs.
Number of deals reported : 24
Please find hereinbelow data on F&O turnover (one sided) for the trade date 07th Nov 2007.
1.) Sensex Futures = 1127.13 Rs crores.
2.) Total F&O Turnover = Rs 1128.62 crores.
All the above values represent one sided turnover.
Kalyan S. Bose
Corporate Affairs
Bombay Stock Exchange Ltd.
November 7th, 2007
The Reliance pack continued to be the top gainers in the first hours of trade. Reliance Industries, Reliance Petrol, RNRL opened in green
Midcap index is up 90 points, Sensex up 198 points and Nifty 50 is up about 70 points
Oil and Energy stocks are firm with Birla Power jumping over Rs. 5 at opening time.
Banking Stocks too are firm. Dema Bank needs special mention.
Sterlite Industries crossed the Rs. 1000 mark and is up Rs. 44.
Amtek Auto jumped Rs. 8 after the news of its UK acquisition.
Information Technology stocks are trading in the red. The Big 4 – Infosys, TCS, Wipro and Satyam have all opened in red. Infosys is now trading sub Rs. 1780 levels
November 7th, 2007
Oil prices are trading around $97 amidst news of bombings in Afghanistan and attack on a Yeman oil pipeline. The US markets have closed the day firm. Both NASDAQ and S&P 500 are up by 1%. Earlier, the European markets too closed marginally in the green. DAX, CAC 50 are both in the green though marginally.
Asian markets too are trading strong. Hang Seng crossed the 30,000 milestone mark and is up by over 560 points or 1.9%. Straits Times is up by 10 points while Nikkei 225 is up 69 points. So, the overall global market picture looks positive.
November 7th, 2007
Next Posts